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Garuda Indonesia reports 3Q net profit of $19.6 million

Credit: Rob Finlayson
Garuda Indonesia reported a third-quarter net profit of $19.6 million, down 11.6% compared to the year-ago period, but a marked improvement on the $63.2 million loss in the first half of 2016. The airline expects profits to strengthen in the fourth quarter, and to continue improving in the next few...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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